The fraction 27/67 is equal to 40.30% when converted to a percentage and rounded to two decimal places. This means that if you had 67 items and took 27 of them, you'd have about 40% of the total. It's a bit less than half, but more than a third.
In everyday situations, you might come across this fraction or percentage when dealing with things like test scores, sales figures, or even cooking measurements. For example, if a recipe calls for 27/67 of a cup of flour, you could think of it as roughly 40% of a cup. While it's not a common fraction you'd use daily, understanding its percentage equivalent can be helpful in various contexts.